Oil prices have been on a rollercoaster lately. They've just had their biggest two-day drop in almost a month. Why? Well, it's a mix of things. First, there are these peace talks about Ukraine. If a deal happens, it could mean fewer sanctions on Russia. That would let more Russian oil flow into the
The recent meeting between Trump and Xi in Busan, South Korea, has left energy markets in a bit of a spin. After a chat lasting one hour and forty minutes, Trump announced a one-year trade agreement, set to be renewed automatically. But don't expect any fancy press releases just yet - the details ar
Russia's relentless attacks on Ukraine have pushed Europe and the U. S. to work together on new sanctions. This is a big deal because it's the first time since Trump's return that both sides are on the same page. The EU sent a team led by David O'Sullivan to Washington to discuss these measures. Th
The Middle East is a hotspot for oil production, supplying about a third of the world's oil. Recently, Iran launched missiles at a U. S. military base in Qatar, raising concerns about a wider conflict. Surprisingly, oil prices dropped instead of rising. This might seem odd, but it shows that the glo
Markets had a strange day after the US attacked Iran. People thought stocks would drop and oil prices would shoot up. But that didn't happen for long. At first, overnight trading showed the usual reaction to bad news. Stocks fell, and oil prices went up. But then things changed. By morning, stocks
In the midst of rising tensions in the Middle East, President Donald Trump took to his social media platform to urge a broad audience to maintain low oil prices. His message, directed at an unspecified group, warned that allowing prices to rise would benefit adversaries. This call came after the U.
The world of finance saw a shift on Monday. Stocks in the U. S. climbed, and oil prices dropped. This happened after Israel's recent actions against Iran. The S&P 500 went up by 0. 9%. The Dow Jones Industrial Average rose by 317 points, or 0. 8%. The Nasdaq composite gained 1. 5%. This rise was par
A recent phone call between Vladimir Putin and Donald Trump lasted for 50 minutes. The two leaders discussed the ongoing conflicts in the Middle East and Ukraine. This was the fifth conversation between the two since Trump took office. It was a significant shift from the approach of the previous
On Thursday, the S&P 500 reached new heights, climbing by 0. 53% and closing at 6, 118. 71, its highest point ever. The Dow Jones Industrial Average also jumped, gaining 408. 34 points to hit 44, 565. 07. The Nasdaq Composite followed suit, inching up by 0. 22% to 20, 053. 68. This marked the fourth
Ever wondered why oil prices are going up? It's because OPEC+ has decided to hold off on increasing oil production. This group, led by Saudi Arabia and Russia, has voluntarily agreed to cut 2. 2 million barrels of oil per day until March 2025. That's like having a bunch of bakeries deciding to make
